Benchmark's Eisenberg And Face.com's Shochat Raise $120M+ For Aleph, An Early-Stage Fund For Israeli Startups

Two veteran investors who have been integral in the development of a new generation of Israeli startups are on a mission to reverse a trend in a country that has traditionally favored later-stage and enterprise-skewed venture capital. Benchmark's Michael Eisenberg and Genesis Partners' Eden Shochat are teaming up to create Aleph -- a new fund that aims to bring some much-needed local, early-stage support to Israeli startups. TechCrunch hears that the VC's first fund is nearly closed and is in the region of $120 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/CK37bPq1Ynw/

TEXAS INSTRUMENTS TERADATA TELETECH HOLDINGS TECHNITROL